Thirumalai Chemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 4,919 million compared to INR 5,082.1 million a year ago. Revenue was INR 4,963.4 million compared to INR 5,187.3 million a year ago. Net loss was INR 229.7 million compared to net income of INR 83 million a year ago. Basic loss per share from continuing operations was INR 2.24 compared to basic earnings per share from continuing operations of INR 0.81 a year ago. Diluted loss per share from continuing operations was INR 2.24 compared to diluted earnings per share from continuing operations of INR 0.81 a year ago.
For the nine months, sales was INR 15,566.1 million compared to INR 17,013.1 million a year ago. Revenue was INR 15,720.5 million compared to INR 17,203 million a year ago. Net loss was INR 183.2 million compared to net income of INR 1,026.7 million a year ago. Basic loss per share from continuing operations was INR 1.79 compared to basic earnings per share from continuing operations of INR 10.03 a year ago. Diluted loss per share from continuing operations was INR 1.79 compared to diluted earnings per share from continuing operations of INR 10.03 a year ago.